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PSINet Continues Network Expansion With Ascend Technology; Ascend MAX TNT and MultiVoice for the MAX Continue to Play Key Role in Enhancing PSINet Dial Access and PSIVoice Services
ALAMEDA, Calif.--(BUSINESS WIRE)--Feb. 17, 1999--Ascend Communications, Inc. (NASDAQ:ASND), a leading supplier of wide area networking (WAN) and Intelligent Network (IN) solutions for providers and users of the next-generation public network, today announced that PSINet, the first and largest independent commercial Internet service provider, will significantly expand its dial access and IP-based voice services using Ascend technology.
PSINet plans to add over 150,000 Ascend dial access ports and over 50,000 Ascend voice ports to its network during 1999.
In expanding its dial access network, PSINet will utilize the Ascend MAX TNT(TM) WAN Access Switch, and is working with Ascend in the PSINet laboratories to certify other innovative technologies such as the recently announced CSM-3 slot card. The CSM-3 card effectively doubles the port density of each existing dual-slot modem module for the MAX TNT, allowing PSINet to cost-effectively add dial access capacity throughout its network.
The MAX TNT is a carrier-class, multi-service WAN access switch that enables network service providers and corporations to build secure and manageable networks for the delivery of value-added solutions such as, MultiVoice, MultiVPN, Carrier Signaling integration, and comprehensive connectivity and application solutions.
"With rapid growth in demand for Internet services, as well as the tremendous promise of business-grade voice services over IP intranets, we continue to expand the scope of our network facilities and connectivity equipment," said Harold S. (Pete) Wills, president and COO of PSINet Inc. "PSINet has had a strategic relationship with Ascend for years and as we consider technology partners to help us take our network forward, Ascend continues to be an obvious choice."
"PSINet continues its heritage of leadership and innovation with aggressive global growth and introduction of business Internet applications and services such as PSIVoice," said Curtis Sanford, executive vice president and general manager of Access Switching at Ascend. "PSINet's choice of our leading access switching products is further evidence that Ascend also continues to innovate with the best solutions for the service provider marketplace."
Figures from analyst reports published in late 1998 from Cahners In-Stat, Dataquest and Dell'Oro, show that the Ascend MAX and MAX TNT products have a commanding lead in the access concentrator and remote access concentrator (RAC) markets. For example Cahners In-Stat research shows that Ascend had the leading RAC marketshare, 46.7 percent, for the third quarter of 1998.
Ascend has been working closely with PSINet for over a year to design and implement a world class voice service targeted at PSINet's existing base of more than 55,000 commercial customers. Last summer, PSINet unveiled the first phase of its PSIVoice services and will be rolling out additional voice services based on the Ascend MultiVoice for the MAX(TM) Internet voice solution.
"We are thrilled that PSINet has chosen the Ascend MultiVoice for the MAX platform to deploy IP-based voice services," said Roger Boyce, vice president and general manager of Enterprise Networking at Ascend. "MultiVoice for the MAX provides state-of-the-art VoIP features and technology, deployed on the industry's most popular Access Switching platforms, the MAX and MAX TNT.
"Our MultiVoice strategy allows service providers such as PSINet to rapidly and cost-effectively deploy advanced IP-based voice services in their existing networks, and to easily add voice capacity to support increasing demand."
MultiVoice for the MAX, the Ascend VoIP gateway, supports the ITU-T H.323 standard for transmitting voice over an IP network. Designed for the next-generation converged network, the Ascend MultiVoice for the MAX provides a comprehensive, integrated VoIP solution that meets the needs of network service provider and enterprise customers.
The MultiVoice VoIP solution is built upon the market leading MAX remote access concentrator platform, which provides toll quality voice over managed IP networks. MultiVoice for the MAX provides end-to-end integration with the Public Switched Telephone Network (PSTN), as well as scalability and redundancy.
About PSINet
Headquartered in Herndon, VA, PSINet is a global facilities-based Internet data communications carrier focused on the business marketplace. PSINet offers a broad set of high-speed corporate LAN/WAN connectivity services supporting managed security and guaranteed Internet, intranet, electronic commerce, Web hosting services, and Virtual ISP services for other carriers and Internet providers.
PSINet operates an international state-of-the-art Frame Relay and ATM-based network serving primary markets in Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, the Netherlands, the Republic of Korea, Switzerland, the United States, and the United Kingdom. PSINet information can be obtained by e-mail at info@psi.com, by accessing the Web site at psinet.com or by calling toll free 800/799-0675.
About Ascend Communications
Ascend Communications, Inc. (NASDAQ:ASND) develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide.
For more information about Ascend and its products, please visit the Ascend Web site at www.ascend.com, or send e-mail to info@ascend.com. For Investor Relations, please call our communications hotline at 800/648-3059 or 760/704-4423 (outside the US
& Canada).
Additional investor information can also be accessed on our Web site at: ascend.com. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif. 94502; phone is 800/ASCEND4 and fax is 510/814-2300.
The foregoing statements may contain forward-looking statements that are based on current expectations and involve risks and uncertainties. Actual results could differ materially from these expectations as a result of factors including, but not limited to, the Company's success in developing, introducing or shipping new products, competition, the mix of distribution channels employed, the Company's dependence on single or limited source suppliers for certain components used in its products, risks inherent in international sales, seasonality and general economic conditions. These and other factors are discussed in Ascend's and Stratus' 10-K, 10-Q and other filings made periodically with the Securities and Exchange Commission.
CONTACT:
Ascend Communications
Eric Warren, 510/747-6683
eric.warren@ascend.com
or
PSINet
Michael Binko, 703/904-4285
binkom@psi.com
or
Alexander Ogilvy Communications
Christine Andrews, 415/923-1660
candrews@alexanderogilvy.com |
